VCI Global Limited is partnering with Kinesis Manufacturing Solutions Sdn Bhd to establish India’s first semiconductor wire manufacturing plant in Chennai. This strategic initiative supports the Indian government’s effort to build a self-sustained semiconductor ecosystem.
The 25,000-square-foot facility will focus on producing semiconductor bonding wires, a crucial component in chip manufacturing, with an initial investment of US$3.5 million. Operations are set to begin in the third quarter of 2025 with a single production line.
The plant is projected to generate up to US$50 million in revenue within 12 months from its single production line, with plans to expand to four lines for an annual revenue of approximately US$200 million. VCI Global will hold a 51% majority stake in this joint venture.
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